Sili-Hudson Valley? · Slashdot Mirror

Posted by Hemos on Thursday July 18, 2002 @05:59AM from the building-the-new-new-thing dept.

guttentag writes "The New York Times reports Sematech (the international consortium of computer chip makers that turned Austin, TX into a tech center) plans to turn Albany, NY into a research hub. The consortium, which represents IBM, Intel, Motorola, HP, TI, AMD, Philips and others, will put up $193 million for the project while New York State will supply the remaining $210 million. The really unusual thing about the deal is that the state isn't offering any tax breaks or loans to lure the consortium to its capital. Why are they so excited about a location that is over 100 miles from their nearest constituent company (IBM)?"

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Albany here I come by notanatheist · 2002-07-18 06:29 · Score: 0, Offtopic

I sure miss the NE USA. I spent 10 years growing up in Albany and there wasn't much to do at the time. It's mostly a historical place being the capital of NY and part of the original 13 colonies. I can imagine the outskirt towns like Colonie just booming with yuppies. Sure miss good ol' PS16. Anyone else attend there?